Plaza Wires (NSE:PLAZACABLE) Debt-to-EBITDA : 1.13 (As of Mar. 2026) — 62% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NSE:PLAZACABLE Plaza Wires Ltd NSE:PLAZACABLE
52 GF Score
Price ₹47.80
GF Value ₹119.94
Valuation Significantly Undervalued
! 3 Warning Signs
View Full Analysis

What is Plaza Wires Debt-to-EBITDA?

Plaza Wires NSE:PLAZACABLE +0.78% 52 Debt-to-EBITDA is 1.13 as of Mar. 2026, which is 62% below its 10-year median of 2.96. GuruFocus rates NSE:PLAZACABLE with a GF Score™ of 52/100 and a GF Value™ of ₹119.94 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 2,327 Industrial Products companies, Plaza Wires ranks worse than 53.59% on this metric.

Debt-to-EBITDA measures a company's ability to pay off its debt.

Plaza Wires's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was ₹313 Mil. Plaza Wires's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was ₹8 Mil. Plaza Wires's annualized EBITDA for the quarter that ended in Mar. 2026 was ₹285 Mil. Plaza Wires's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was 1.13.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

The historical rank and industry rank for Plaza Wires's Debt-to-EBITDA or its related term are showing as below:

NSE:PLAZACABLE' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 2   Med: 2.96   Max: 3.98
Current: 2

During the past 8 years, the highest Debt-to-EBITDA Ratio of Plaza Wires was 3.98. The lowest was 2.00. And the median was 2.96.

NSE:PLAZACABLE's Debt-to-EBITDA is ranked worse than
53.59% of 2327 companies
in the Industrial Products industry
Industry Median: 1.71 vs NSE:PLAZACABLE: 2.00

Plaza Wires  (NSE:PLAZACABLE) Debt-to-EBITDA Explanation

In the calculation of Debt-to-EBITDA, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by EBITDA. In some calculations, Total Liabilities is used to for calculation.


Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.


Plaza Wires Debt-to-EBITDA Related Terms


Plaza Wires Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Plaza Wires's Debt-to-EBITDA can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Plaza Wires Debt-to-EBITDA Chart

Plaza Wires Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Debt-to-EBITDA
Get a 7-Day Free Trial 3.03 2.54 3.80 2.89 2.00

Plaza Wires Quarterly Data
Mar19 Mar20 Mar21 Dec21 Mar22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.76 0.00 3.75 0.00 1.13

NSE:PLAZACABLE vs VRT, BE: Debt-to-EBITDA Comparison

For the Electrical Equipment & Parts subindustry, Plaza Wires's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Plaza Wires Debt-to-EBITDA vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Plaza Wires's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Plaza Wires's Debt-to-EBITDA falls into.


NSE:PLAZACABLE
52GF Score
Plaza Wires Ltd NSE:PLAZACABLE
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Plaza Wires Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

Plaza Wires's Debt-to-EBITDA for the fiscal year that ended in Mar. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(313.23 + 7.64) / 160.25
=2.00

Plaza Wires's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(313.23 + 7.64) / 284.52
=1.13

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is four times the quarterly (Mar. 2026) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 1.13 mean?
Plaza Wires (NSE:PLAZACABLE) has a Debt-to-EBITDA of 1.13 as of Mar. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Plaza Wires. This is 62% below median its historical median of 2.96. Over the past decade, Plaza Wires' Debt-to-EBITDA has ranged from 2.00 to 3.98. According to the industry distribution chart, Plaza Wires ranks #1247 out of 2327 companies in the Industrial Products industry, placing it in the top 53.6%.
Is Plaza Wires' Debt-to-EBITDA too high?
Plaza Wires' current Debt-to-EBITDA of 1.13 is 62% below median its 10-year median of 2.96. Over the past 10 years, this metric has ranged from a low of 2.00 to a high of 3.98. The Industrial Products industry median Debt-to-EBITDA is 1.71. Plaza Wires' value of 1.13 is 33.9% below this industry median. Based on the distribution chart, Plaza Wires ranks #1247 out of 2327 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Plaza Wires has a GF Score™ of 52/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Plaza Wires' Debt-to-EBITDA compare to VRT and BE?
According to the Industrial Products industry distribution chart, Plaza Wires ranks #1247 out of 2327 companies for Debt-to-EBITDA. This places Plaza Wires in the lower half of its industry. The industry median Debt-to-EBITDA is 1.71. Plaza Wires' value of 1.13 is 33.9% below this benchmark. Historically, Plaza Wires' own Debt-to-EBITDA has ranged from 2.00 to 3.98 over the past decade. While the company's 10-year median is 2.96 vs. the industry median of 1.71, Plaza Wires has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for an Industrial Products company?
The median Debt-to-EBITDA among Industrial Products companies is 1.71, based on 2,327 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Plaza Wires's current Debt-to-EBITDA of 1.13 is 33.9% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Plaza Wires. For the Industrial Products industry, the median Debt-to-EBITDA is 1.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Plaza Wires's current Debt-to-EBITDA is 1.13, which is 62% below median its own 10-year median of 2.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Plaza Wires stock overvalued right now?
Based on GuruFocus' analysis, Plaza Wires (NSE:PLAZACABLE) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹119.94, compared to a current price of ₹47.80 — trading 60.1% below its estimated fair value. The current Debt-to-EBITDA is 1.13, which is 62% below median its 10-year median of 2.96 and 33.9% below the Industrial Products industry median of 1.71. Plaza Wires' overall GF Score™ is 52/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For Plaza Wires (NSE:PLAZACABLE), the current Debt-to-EBITDA is 1.13 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Plaza Wires (NSE:PLAZACABLE) Overvalued in 2026?

Based on GuruFocus' analysis, Plaza Wires stock appears to be undervalued. The current stock price of ₹47.80 is trading 60.1% below its estimated GF Value™ of ₹119.94. GuruFocus considers Plaza Wires to be Significantly Undervalued.

Key valuation signals for NSE:PLAZACABLE:

  • Debt-to-EBITDA: 1.13 (62% below median its 10-year median of 2.96)
  • GF Value™: ₹119.94 vs. price of ₹47.80 (60.1% below fair value)
  • GF Score™: 52/100 with 3 warning signs
  • Industry Position: 33.9% below the Industrial Products median (#1247 of 2327)

No single metric tells the full story. See the NSE:PLAZACABLE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Plaza Wires Business Description

Other Exchanges 544003:India
Address A-74 Okhla Industrial Area, Phase-2, New Delhi, IND, 110020
Plaza Wires Ltd is a company engaged in the business of manufacturing and selling of wires, and selling and marketing of LT aluminium cables and fastmoving electrical goods (FMEG) under their flagship brand PLAZA CABLES, and home brands such as Action Wires and PCG.
52GF Score

Get the complete analysis for NSE:PLAZACABLE

Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹47.80
Price
₹119.94
GF Value